ST. LOUIS • The proposed riverfront football stadium here is an economic development project and doesn’t require a vote of the public or of the Legislature, Gov. Jay Nixon said Thursday.
Moreover, he warned that Missouri’s AAA credit rating would be damaged if some Legislators follow through on their threat to block debt payments needed to fund a new stadium.
“I don’t think anyone wants to ultimately risk the bond rating of the state of Missouri,” Nixon said in his most substantive defense yet of the new stadium effort. “You’ve got to pay your bills.